Hello everyone,what's your take on creating an Inc (S-corp) as the management company for long term real estate and having separate passthrough LLC's for the actual properties that your buying ? (or should the managem...
Let’s talk about taxes. If you are already groaning, you are going to want to read this. The trick with taxes is creating a strategy a year ahead, executing your plan during the year, and reaping the benefits the foll...
Can anyone recommend a good software for real estate people? To track both long terms and short term income and expenses? Reasonable cost. Also track rehab costs
They are now giving “extenuating circumstances for Covid-19” much like if a guest calls and says their brother died and they let them out if the cancelation policy. I would expect the April 14 cancelation policy to ge...
I have been wholesaling for around 3 years, now. I have pretty much always worked with a partner. I work a full time job in Oil & Gas, but was doing wholesaling on the side. This partner of mine does wholesalin...
Background
Since the start of the Covid pandemic in March 2020, home prices are up a staggering 45% – according to the National Association of Realtors. Sellers have enjoyed a wildly imbalanced market for the past c...
I've been running numbers on turnkey in other states. I'm truly wondering if there is a point in investing in these properties after running the numbers. Typically, you see about 200-300 dollars in cash flow after exp...
Hello everyone!
I’m an 18 year old real estate agent also in college as a business major. And I have a few questions.1. What are some work arounds to getting a mortgage if I do not have 2 years proof of income?
2....
It's only been a few weeks since I've serious started looking into RE investing. The BP forums are a huge source of what looks to be valuable information on the subject. Being a cynic, I was initially very skeptica...
So the new tax plan was finally unveiled and I noticed it curtails deductions for business interest, but there are "special rules" for real estate and small business. Can anyone confirm....are we still going to be a...